Waves is a custom blockchain tokens platform designed for large-scale business and consumer adoption. National currencies transfer is maintained on the WAVES blockchain through compliant gateway operators. Decentralized token exchange facilitates fundraising, crowdfunding, and trading of financial instruments on the blockchain. Lightweight clients provide an easy installation procedure and a flat learning curve for end users. WAVES is used to create custom tokens and fuel other operations on the Waves platform, like transferring and trading tokens.